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Indonesia’s Kharisma Sells 8,250 Tons of Palm Oil

Feb. 20 (Bloomberg) -- PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 8,250 metric tons of the 10,250 tons it offered at an auction in Jakarta.

The following table lists the results of the sale today, based on a faxed statement. The volumes are given in metric tons, while prices are in rupiah per kilogram including a 10 percent value added tax, unless stated otherwise.

Indonesia is the world’s largest producer of palm oil.

================================================================
Buyer                       Volume Commodity Price Terms
================================================================
PT Multimas Nabati Asahan    2,500    CPO    8,939 FOB Belawan
PT Multimas Nabati Asahan    1,000    CPO    8,939 Ex-factory
                                                   Belawan
PT Wilmar Nabati Indonesia   1,000    CPO    8,939 FOB Dumai
PT Wilmar Nabati Indonesia     500    CPO    8,666 Ex-factory
                                                   Bunut
PT Wilmar Nabati Indonesia     750    CPO    8,634 Ex-factory
                                                   T.Lebar
PT Sinar Alam Permai           500    CPO    8,719 Ex-factory
                                                   Ophir
PT Wilmar Nabati Indonesia   2,000    CPO    8,789 FOB B.Baru
================================================================
CPO: Crude Palm Oil FOB: Free-on-Board

To contact the reporter on this story: Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

To contact the editor responsible for this story: Greg Ahlstrand at gahlstrand@bloomberg.net

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